"Henderson conceded the cost of building a Volt will be expensive, about $40,000 per vehicle. But he said the vehicle will qualify for a $7,500 tax credit, which will reduce the vehicle cost by that amount for consumers."
Note that the figure is the manufacturing cost, not the price. The price will be higher.
Hybrids and electric cars are status symbols. The premium is more than you save in operating costs. At that price point, you can buy cars that are more effective status symbols, if that's what you're going for. Buying the Volt is a bit idiotic, and it'd be more idiotic without the subsidies that the rumored cost you cited includes.
The Volt is not fancy. It is high tech, but the appeal of most high tech gadgets is from the experience of using them. Driving a Volt will be marginally different from driving a Chevy Cruze.
http://money.cnn.com/2009/08/11/autos/volt_mpg/index.htm?pos...
Note that the figure is the manufacturing cost, not the price. The price will be higher.
Hybrids and electric cars are status symbols. The premium is more than you save in operating costs. At that price point, you can buy cars that are more effective status symbols, if that's what you're going for. Buying the Volt is a bit idiotic, and it'd be more idiotic without the subsidies that the rumored cost you cited includes.
The Volt is not fancy. It is high tech, but the appeal of most high tech gadgets is from the experience of using them. Driving a Volt will be marginally different from driving a Chevy Cruze.